Craig Piercy
cpiercy@ans.org

These days, the ship of civil nuclear technology we are all aboard is sailing through a turbulent passage. The winds and currents are favorable, but there are swells ahead: steep energy-­demand projections, buoyant equity valuations, splashy announcements, a generational realignment of nuclear policies and institutional norms.

Part of the reason we chose “Building the Nuclear Century” as the theme for this year’s Winter Conference was to put some ballast in the hull of the nuclear conversation.

Advanced nuclear fission and fusion energy development are accelerating, both here and around the world. And yet, at least in the U.S., we are still years away from connecting commercial Gen IV systems to our grid.

In a world growing increasingly impatient, how do we stay on task and deliver? There are three ingredients to success.

Craig Piercy
cpiercy@ans.org

As 2025 winds down, it seems nuclear energy in the U.S. is now well on its way toward a renaissance, or resurgence, or whatever optimistic term you may use in your daily conversations.

New reactor designs, projects, and partnerships are being announced on a near-weekly basis; valuations of publicly traded nuclear companies are hovering near all-time highs; and AI’s thirst for reliable, clean electricity remains largely unquenched. The overall investment climate for nuclear energy has thawed dramatically. These days, it seems everyone from big Wall Street banks to individual investors is trying to get a piece of the nuclear action.

It’s the perfect time to talk about failure.

Yes, I know “nuclear failure” is not a topic on which we in the nuclear community like to dwell. For those of a certain age, it brings back bad memories of events beyond our control that shifted the trajectory of companies, careers, and lives for decades.

Craig Piercy
cpiercy@ans.org

While most big journeys begin with a clear objective, they rarely start with an exact knowledge of the route. When commissioning the Lewis and Clark expedition in 1803, President Thomas Jefferson didn’t provide specific “turn right at the big mountain” directions to the Corps of Discovery. He gave goal-oriented instructions: explore the Missouri River, find its source, search for a transcontinental water route to the Pacific, and build scientific and cultural knowledge along the way.

Jefferson left it up to Lewis and Clark to turn his broad, geopolitically motivated guidance into gritty reality.

Similarly, U.S. nuclear policy has begun a journey toward closing the U.S. nuclear fuel cycle. There is a clear signal of support for recycling from the Trump administration, along with growing bipartisan excitement in Congress. Yet the precise path remains unclear.

Craig Piercy
cpiercy@ans.org

For the past few years, I have been conducting a thoroughly unscientific, one-question poll of nuclear utility and supplier CEOs and senior executives: “What keeps you up at night?” The number one answer is—and has been from the beginning—“Workforce.”

The ongoing shortage of skilled labor—welders, pipefitters, electricians, and the like—almost always gets top billing in nuclear workforce discussions. In April 2025, the U.S. had an eye-popping 600,000 unfilled positions in the construction and manufacturing sectors. This consistent supply gap feeds a continuing talent war that has pushed craft wages up 20 percent since the end of the COVID pandemic, straining project budgets and profit margins alike.

Perhaps the most underappreciated gap in the nuclear workforce is professional and business services. It is the second-largest employment category in the nuclear industry, according to the Department of Energy’s 2024 U.S. Energy & Employment Report.

By Craig H. Piercy, CEO and Executive Director of the American Nuclear Society

Eighty years ago today, at exactly 5:29:45 a.m. local time* on July 16, 1945, the United States Army detonated the world’s first nuclear bomb in the Jornada del Muerto desert of southern New Mexico. The searing flash and thunderous shockwave marked the culmination of the Manhattan Project, a secret, three-year national effort to harness nuclear fission and hasten the end of the Second World War.

The Trinity Test, overseen by Manhattan Project director Major General Leslie Groves and Los Alamos Laboratory director Dr. J. Robert Oppenheimer, was the final act of that race to build the atomic bomb. Hoisted atop a 100-foot steel tower, the plutonium implosion device, known as the Gadget, unleashed a blast equal to 21,000 tons of TNT and temperatures hotter than the center of the sun.

From ten miles away, observers wearing darkened welder goggles looked on in stunned silence. “We knew the world would not be the same,” recalled Oppenheimer.

Craig Piercy
cpiercy@ans.org

So, President Trump has just kicked the low-dose radiation hornets’ nest.

Specifically, his recently signed executive order “Ordering the Reform of the Nuclear Regulatory Commission” calls for the NRC to “reconsider reliance” on the linear no-threshold (LNT) theory and the ALARA (as low as reasonably achievable) standard for radiation protection.

This directive will certainly reignite a vociferous debate within the radiation research community over the continued efficacy of using LNT as the basis for protecting the public and the environment, a community that has been wracked with controversy on this matter for the last few years.

I must admit that whenever the low-dose issue comes up, my first thoughts always go to Sayre’s Law.

Craig Piercy
cpiercy@ans.org

The title for this year’s waste management issue of Nuclear News is, in my opinion, the perfect framing to consider spent fuel and waste management as we know it now and how we imagine it could look in the future. So, let’s break it down.

What really is “today’s challenge”? It’s certainly not safety. Since 1955, we have conducted more than 2,500 cask shipments without a single radiological release or incidence of harm to a member of the public. Despite what antinuclear evangelists (in dwindling numbers) might shriek, the industry’s record of storing and transporting used fuel is unassailable.

The lack of progress on a geologic repository isn’t necessarily a challenge to new nuclear development. We already have systems capable of storing used fuel assemblies for more than a century, proven technology with no moving parts.

Craig Piercy
cpiercy@ans.org

This month’s issue of Nuclear News focuses on supply and demand. The “supply” part of the story highlights nuclear’s continued success in providing electricity to the grid more than 90 percent of the time, while the “demand” part explores the seemingly insatiable appetite of hyperscale data centers for steady, carbon-free energy.

Technically, we are in the second year of our AI epiphany, the collective realization that Big Tech’s energy demands are so large that they cannot be met without a historic build-out of new generation capacity. Yet the enormity of it all still seems hard to grasp.

or the better part of two decades, U.S. electricity demand has been flat. Sure, we’ve seen annual fluctuations that correlate with weather patterns and the overall domestic economic performance, but the gigawatt-hours of electricity America consumed in 2021 are almost identical to our 2007 numbers.

Craig Piercy
cpiercy@ans.org

This month’s Nuclear News pays tribute to the people and projects that keep our nuclear power plants running.

In the nuclear industry, “life extension” is a venerable term that broadly describes the care required to sustain the safe and efficient operation of large, complex energy generation facilities for decades to come, some of which you will read about in these pages.

Of late, however, the general concept of life extension has also taken a firmer hold in our societal consciousness.

Whether we absorb it from Instagram videos about some Silicon Valley techie’s quest for immortality or sense it in one of the thousands of dryly written journal articles documenting our increasing ability to control and change life at the molecular level, the promise of extended life and health has universal appeal—and it’s never seemed more within reach than it does right now.

Craig Piercy
cpiercy@ans.org

I find myself saying the expression above a lot these days—to my kids, my wife, my friends, and colleagues. Most recently, I said it to the person sitting next to me after the pilot of our plane—bound for Reagan National Airport a day after the collision of AA flight 5342 and a military Blackhawk helicopter—aborted the landing at the last minute.

I am not sure where I picked up this pronouncement, but I find it to be apropos to the topsy-­turvy moment where we find ourselves in 2025. In addition to the first U.S. commercial airline crash in 15 years, we are witnessing a new presidential administration in its infancy playing by the Silicon Valley rules of “move fast, break things.” We’ve seen DeepSeek, the low-cost Chinese AI that reportedly uses 50–75 percent less energy than its NVIDIA-powered counterparts, tank Constellation’s market value by more than 20 percent in one late-January trading day.

Craig Piercy
cpiercy@ans.org

Dear Secretary Wright:

On behalf of the U.S. nuclear professional community, I offer our sincere congratulations to you on your becoming the secretary of energy.

By now, I’m sure you have figured out that “Department of Energy” is a misnomer. If the Department of Government Efficiency ever requires truth in advertising, the DOE should be renamed the “Department of Nuclear Weapons, Security, Cleanup, and Sundry Energy and Science Programs.” That’s because more than 60 percent of the DOE’s budget is dedicated to “atomic energy defense activities”—making sure our nuclear bombs work, our aircraft carriers and submarines sail, and our Cold War messes get cleaned up.

Craig Piercy
cpiercy@ans.org

James Earl Carter, the 39th president of the United States, passed away in Plains, Ga., on December 29. He was America’s first president formally trained in the applications of nuclear science and technology, and as such, knowing nothing else, one might imagine that he would be held in universally high regard by the U.S. nuclear community.

The reality is more, well . . . complicated.

Craig Piercy
cpiercy@ans.org

This month’s Nuclear News features our inaugural 40 Under 40 list of the brightest rising stars in the nuclear field.

The time has clearly come for this feature. The current resurgence of nuclear isn’t just a technological transformation; it’s also a changing of the guard. Consider this: For the first time in modern history, the American Nuclear Society has more members under the age of 40 than over the age of 60.

Of course, for as long as I can remember, the nuclear workforce has always been a bit of a double-humped demographic camel. Picture a nuclear workforce age chart and you will see two distinct peaks, or what a statistician might call a “bimodal distribution.” “Peak 1” is on the right and is centered over the Baby Boomer generation, many of whom entered the industry in its heyday of the 1960s and ’70s. These are the men and women who built the nuclear enterprise as we know it today.

Craig Piercy
cpiercy@ans.org

As you may have heard, the American Nuclear Society recently entered into a 50/50 joint venture with the Nuclear Energy Institute to host an annual industrywide meeting in late summer, which will replace ANS’s Utility Working Conference and NEI’s Nuclear Energy Assembly. Simply put, we are taking the best of both events to create the ultimate nuclear power meeting of the year. If you are a longtime UWC attendee, you will feel right at home in the aisles of the exhibit hall, or in the working sessions designed to tackle the shared practical challenges operators face. NEI will bring the nuclear C-suite presence along with the freshest insights on industrywide issues.

The U.S. nuclear industry is growing, and we need to get even bigger if we are going to make good on the promise of a resurgence. The auto industry has SEMA, the tech industry has CES. It’s time the U.S. nuclear industry had its top event of the year.

Craig Piercy
cpiercy@ans.org

Twice a year, the ANS president and I work with the general chair of our next national meeting to set the theme of the event.

It’s no easy process. Sure, one can be anodyne, picking anything with “collaborations” or “partnerships” in it—perfectly acceptable but easily forgotten. “Partnerships for Innovation.” Yay! Wait, what?

The true goal is to capture the zeitgeist, the vibe that can frame properly a fulsome conversation around the state of applied nuclear science and technology at this particular moment in time. Yes, our theme is intended largely for the opening plenary, but I’ve often seen speakers use it as a conversational leverage point in the technical and executive sessions that follow.

Craig Piercy
cpiercy@ans.org

I recently attended the 2024 Utility Working Conference where, despite the widespread travel disruptions created by Tropical Storm Debby, nearly 600 folks from the U.S. nuclear utility and supplier community had descended on southwest Florida to network, do business, and have a little fun.

The UWC has always been a bit different from other nuclear industry meetings: a little less “happy talk” about the future, a little more “real talk” about the practical challenges facing the industry.

To be sure, the mood on the expo floor was buoyant. Business is good for anyone serving the existing fleet these days. The Inflation Reduction Act’s investment incentives have finally gained traction, which has resulted in utilities taking a more long-term approach to their plant maintenance and uprate projects, which in turn has created bigger opportunities for suppliers.

Craig Piercy
cpiercy@ans.org

Duck, N.C.—A summer beach vacation with the extended family: There’s nothing else quite like it, reliving old memories and developing a greater appreciation for how others felt about them at that moment. One particular topic came up at our multigenerational dinner the other night: “Describe your experience of riding on a two-wheel bike for the first time.”

Among the Gen Z crowd at the table, we heard stories of stitched up chins and falls into prickly bushes. However, despite a few harrowing starts, all are now confident twentysomething cyclists with no residual trauma.

The parents’ recollections of events seemed more sober. After all, there are few parental experiences more fraught than teaching your child to ride a two-wheeled bike. It’s as scary as it is unavoidable.

Craig Piercy
cpiercy@ans.org

A good bit of this month’s edition of Nuclear News is devoted to the latest developments in fusion energy.

While 2024 may not have the punchy investment headlines of ’22, I think it’s fair to say that fusion energy technology is making tangible progress beneath the surface, with unannounced stealth funding plans and the continuation of public-private partnerships.

When will it become a productive element of our global energy architecture? No one knows for sure. There are still myriad challenges to be solved in high-temperature ­materials, high–critical temperature superconductors, advanced algorithms, and tritium fuel cycle control, just to name a few. But every day, fusion feels a tiny bit more mature, like somehow it has left its childhood bedroom in physics to move into the dorm room of engineering.

Craig Piercy
cpiercy@ans.org

On August 23, 2011, at 1:51 p.m., I was standing next to Matt Milazzo, a former ANS Congressional Fellow, on the sidewalk of a high-traffic D.C. street. We were saying goodbye after a pleasant lunch. At that exact moment, a seismic wave from a 5.9 magnitude earthquake in Mineral, Va.—one that would be felt as far away as Canada and cause hundreds of millions of dollars in damage—rippled under my feet. Perhaps it felt too familiar, like a heavy truck passing by, or maybe the oscillation peaked just as I was turning to walk back to my office. Either way, I didn’t feel a thing. The largest East Coast earthquake in 100 years, and I missed it. Completely. It wasn’t until I saw the stunned faces of my colleagues and a few picture frames scattered on the floor of my office that I understood the gravity of the moment.

Today, as I wrap my head around the stunningly large amount of energy that will be required to support advanced data center and AI functions in the coming years, I get the same feeling—that something big and consequential has happened in my larger world and I have been slow to perceive the magnitude of it.

Craig Piercy
cpiercy@ans.org

Another year, another stellar performance by America’s nuclear plants. We’ve come to expect high capacity factors, and it’s a credit to the men and women of the profession. They’ve made routine something that was unimaginable not so long ago.

The decadal challenge for the nuclear enterprise now is to maintain this high level of operational excellence for the current fleet, while at the same time ushering in a new generation of technologies at scale. It will be a big job—but one that seems more and more likely with each passing day.

It is against this hopeful backdrop that I take the opportunity to update you on our latest steps toward making the American Nuclear Society a class-leading professional society.